1083-1085 Main Street

HELLERTOWN, PA 18055

$725,000 $3,056/Mo

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Overview

Bed

Bath

2,620

Sqft

0.14

Acre(Lot)

Description

A rare opportunity awaits in the highly desirable Borough of Hellertown with this fully occupied, 4-unit investment property. Meticulously maintained, this unique building has been proudly owned by the same family since its construction as 2 twins in 1908, before being converted to apartments in the early 1960s. The current owner has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features an attractive mix of 2 one-bedroom and 2 two-bedroom apartments. Each apartment provides privacy and convenience with its own separate entrance and 2 dedicated off-street parking spaces. Landlord overhead is low, as the property features separate utility meters with tenants responsible for paying their own electric, gas, w ater, and sewer bills. Upside potential exists within the current rent roll and operating expenses. While some units have been recently refreshed, a couple of the apartments are in good condition but do need some updating, offering the perfect cosmetic value-add project for a new owner. Combined with bringing the currently below-market leases up to prevailing market rates after minor updates, an 8% or higher cap rate is easily attainable. As an added bonus, the building recently passed its municipal inspections, meaning no Borough rental inspections are required for nearly five years. Call today to schedule a private viewing and add this exceptional property to your real estate portfolio!

Property Details

Property Type : Residential Income

Price : $725,000

AD Id : 78273301

MLS Id : PANH2009894

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 2,620

Year Built : 1908

County : NORTHAMPTON

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Room Information

Has Basement: Yes Basement: Dirt Floor
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Natural Gas, Hot Water, Forced Air, Heat Pump, Radiant Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s), Ductless, Electric

Building Information

Year Built: 1908 Building Area Total: 2620 Construction Materials: Vinyl Siding, Aluminum Siding Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.14 Lot Size Source: Estimated Lot Size Square Feet: 6000

Listing Price Information

Listing Price: $725000

Tax Information

Parcel Number: Q7SW2A-2-23-0715 Tax Lot: Q7SW2A Tax Year: 2026 Annual Tax: $6532.97

Parking Information

Parking Total: 10 Off Street, On Street, Assigned, Private, Paved

School Information

Elementary School: SAUCON VALLEY

Junior High School: SAUCON VALLEY

Senior High School: SAUCON VALLEY
Utility Information

Cable Available
Location Information

Direction: I-78 to Route 412/Hellertown exit. Travel south 3/4 mile. Building is on the left across from Saucon Valley Manor. WaterSource: Public

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ByOwner last updated this listing 07/04/2026 @ 17:07

MLS: PANH2009894 LISTED BY: Ken Solt, Realty Outfitters 484-851-3057 SOURCE: Bright MLS